Economics

Boosting Kids' Financial IQ

Gerstein Fisher & Associates and others in the private and public sectors want to make sure kids learn how to manage money properly
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There's nothing like the worst financial crisis in 70 years to inject a note of urgency into the idea of developing responsible money habits at an early age.

The renewed push for financial literacy is gaining momentum, but the effort to introduce a curriculum for kids as early as first grade goes back 10 years or more. In 2008, the President's Advisory Council on Financial Literacy recommended more education for students of all ages, and created the National Financial Literacy Challenge, a voluntary competition that allows high school students to test their knowledge.